A developers group has withdrawn their plans following a Redding City Council decision to delay the process for privatizing city owned property including the Rodeo Grounds and the Civic Auditorium. At it’s meeting Tuesday night the council voted against declaring the 45 acres as surplus, which would have been the first step in the process. The council voted to instead take roughly a Million Dollars from the South City Park Development Fund and future broadband service to hire a consultant to come up with a riverfront specific plan for the area. A group including the McConnell Foundation, K2 Development and a ballpark builder called Populous had proposed some ambitious plans for the area, but upon hearing news of the council decision, they decided to back out. It’s possible they may revisit those plans in the future.
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